1.
India Morning Note
a g
Mond
day, June 18, 2012
Dom
mestic Mark
kets Snapsh
hot Views on markets t
today
Nam of Index
me Jun 14 Jun 15 Change (%)
) • India markets surged on F
an Friday to attain their hi
ighest
closiing level in over 6 wee as stock rose acros the
eks ks ss
Sensex 16,677.88 16,949.83 1.63%
glob on reports central ba
be anks of majo economie are
or es
CNX Nifty
X 5,054.75 5,139.05 1.67%
read to prov
dy vide liquidit if needed after c
ty crucial
BSE Mid-cap 5,924.59 5,958.50 0.57% electtions in Greeek on Sund day, 17 June 2012. The vote
e e
BSE IT 5,701.57 5,765.50 1.12% is exxpected to determine the Greece's future i the in
BSE Banks 11,338.72 11,586.65 2.19% euro zone. Dom
o mestic mar rkets have also rallied this
d
FII A
Activity (`Cr) monnth on hope the Rese
es erve Bank of India's w cut
o will
inter
rest rates to boost the falling econ
o nomy.
Date
e Buy Sell Net
• India markets have rallie since the country p
an ed e posted
14-Jun 1,282 1,192 90
its weakest gro
w owth in nine years in th January-March
e he
13-Jun 1,870 1,598 272 quarrter, according to data released on May 31, r
n raising
Tota Jun
al 18,632 18,183 449 expeectations th RBI would need to switch its focus
he
2012 YTD 301,666 259,278 42387 from inflation to growth.
m o
MF A
Activity (`Cr) • The barometer index, BS Sensex, jumped 271.95
r SE
points or 1.63% up about 250 point from the day's
%, t ts
Date
e Buy Sell Net
low and off clos to 20 poin from the day's high.
a se nts e
14-Jun 187 462 -275
• Auto real estate and ban
o, nks stocks advanced o the
a on
13-Jun 635 547 88
expeectation of rate cut by the RBI’s mid-qu uarter
Tota Jun
al 4,233 3,824 409 monnetary polic review on Monda
cy ay. Tata MMotors
2012 YTD 58,097 64,155 -6058 surg
ged over 5% after Chairman Ratan Tata purchased
% n
Volu
ume & Adva
ances / Dec
clines additional share of the firm and aft
es ter the com
mpany
orted a surg in sales o its Jaguar Land Rove unit
repo ge of r er
NSE BSE
in May 2012.
Trad
ding Volume (Cr) 52.27 17.16
• Markket breadth was strong at ~1.3
h 31x as inve estors
Turn
nover (`Cr) 9,496 1,723
bougght large c cap stocks. On provis
sional basis FIIs
s,
Advances 823 1,525 bougght equity of `3.39bn while dommestic institu
utions
Declines 611 1,165 sold equity of `1
1.21bn in ca segmen
ash nt.
Unchanged 101 145 • Asia markets juumped after Greece’s pro-bailout party
Tota
al 1,535 2,835 appeeared likely to secure a narrow win in na
y e ational
Glob Markets
bal elect
tions and ke
eep the euro zone intac for now.
ct
• We expect a po ositive open
ning for the Indian ma
e arkets,
Inde
ex Late Values
est Change (%)
)
as the optimism across t
t the world rises after Greek
r
DJIA
A 12,767.17 0.91%
elect
tions. The m
markets, howwever, may remain cau
y utious
NAS
SDAQ 2,872.80 1.29% ahea of the mo
ad onetary policy today.
Nikk *
kei 8,720.27 1.76%
Econom and Cor
mic rporate Dev
velopments
s
Hang Seng * 19,547.25 1.63%
• Desppite the ovverall gloom in the economy, adv
m vance
* as o 8.25AM IST
of tax collections of the top 100 companies are
s s
Curr
rencies / Co
ommodities Snapshot
s margginally high
her at 10% in the firs quarter o the
st of
Latest Previous curre fiscal, said senior ta officials.
ent ax
Quote Close • India has been increasing its exposure to Ame
a n g erican
Indian Rupee per $ 55.38 55.71 debt since the start of this year and owne US
t e ed
Indian Rupee per € 70.01 70.34 goveernment se ecurities wo
orth $51.2bn till April, amid
NYM
MEX Crude Oil($/bbl) 84.97 84.03 pers
sisting globa economic uncertainti
al ies.
Gold ($/oz)
d 1,623.50 1,627.20 • The governmen on Sunda ruled out raising the 49%
nt ay t e
Silve ($/oz)
er 28.44 28.73 forei
ign direct investment (FDI) cap in the I
t p Indian
aviation sector.
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note Capitals Research
h (reseaarch@keyno otecapitals.net) (+91222-3026600 00)
Keyynote Capita Research is also available on
als h
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omberg KNTE <GO>, Tho
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2.
TOP GAINERS Buzzin Stocks
ng
(BSE A-Group)
E • The government has initiated the process of 10%
p
Previous Currennt Change stak sale in National Aluminium Company w
ke C which
Com
mpany Name
e may fetch the e
y exchequer a estimated `12,000Cr.
an
Close(`
`) Price(`
`) (%)
Gras
sim Inds 2340.85
5 2485.00 6.16 • Shasun Pharmaceuticals is planning for backw
g ward
Tata Motors
a 227.00
0 240.05 5.75 integration by entering into manufacture of
y g m
Unit
ted Spirits 656.95
5 687.55 4.66 intermediates, initially w
with starting material for
IB R
Real Est 54.00
0 56.30 4.26 som of its ke active p
me ey pharmaceutical ingredi
ients
Relia
ance Cap 332.55
5 346.25 4.12 (APIs).
• Shriram Transp port Finance Company has planne to
e ed
(BSE Mid-Cap)
E
raise around `
e `2,000Cr via secured/uunsecured non-
Previous Currennt Change convvertible deb
bentures (N
NCDs). There would be one
e
Com
mpany Name
e
Close(`
`) Price(`
`) (%) or more tranc
m ches of pubblic issues and/or private
Stat Bk Mysre
te 481.40 530.00 10.10
plac
cements during the current financ cial year, sa a
aid
India Cements
a 76.60 81.65 6.59 seni official.
ior
HMT
T 38.20 40.65 6.41
• India Infoline V
Venture Cap
pital Fund, the VC arm of
m
Allca
argo Logistics
s 120.05 127.05 5.83
the country’s leading fina
ancial servic
ces provide is
er,
D B CORP 182.50 192.50 5.48 adding another `200Cr to its `500Cr real estate f
r r fund.
• Refu
uting Oil M arges on KG-D6 gas field
Ministry cha K
TOP LOSERS
outp lagging targets, Re
put eliance Indu
ustries has said
(BSE A-Group)
E ther is no "obligation" in the contract to ach
re hieve
Previous Currennt Change cert
tain levels of producttion and th governm
he ment
Com
mpany Name
e cannot levy p penalty for not mee
r eting indica
ative
Close(`
`) Price(`
`) (%)
Corp
poration Bk 438.30
0 416.95
5 -4.87 outp levels.
put
Hind
dustan Copp 263.75
5 258.35
5 -2.05 • Coal India has cancelled preliminar supply p
s ry pacts
Rash
htriya Chem 58.15
5 57.10
0 -1.81 with as many as 60 captive pow
h y wer plants and
Alsto T&D
om 183.00
0 180.00
0 -1.64 indeependent prroducers, in
ncluding Tatas, Essars and
Ster
rlite Inds 101.85
5 100.25
5 -1.57 Bhushans, say ying they d did not coomply with the
stipulated norm
ms.
(BSE Mid-Cap)
E
• NMD has started a fresh round of ne
DC egotiations with
Previous Currennt Change glob mining g
bal giant Rio Tin to revive an equal joint
nto
Com
mpany Name
e
Close(`
`) Price(`
`) (%) ventture that w
was mutually scrapped almost a year
d
Corp
poration Bk 438.30 416.95 -4.87 ago.
KSK Energy
K 53.10 50.80 -4.33
US markets
VST Inds
T 1832.60 1758.80 -4.03
tocks on Friday climbe on optim
U.S. st ed, mism for ac ction
Himadri Chem 30.55 29.50 -3.44
by global central banks to s
stabilize markets if nee
eded
Mah
harashtra Sea
a 342.25 332.05 -2.98
after Greek electio
G ons.
The Do Jones Ind
ow dustrial Average rose 115.26 point or
ts,
0.9%, to 12,767.1 The S&P 500 Index climbed 13.74
17. P x
points, or 1%, to 1,342.84, up 1.3% from the week
m k-ago
close.
The Nasdaq Composite adde 36.47 points, or 1.3% to
ed %,
80.
2,872.8
Keyn
note Capitals Research
h (resea
arch@keyno
otecapitals.net) (+912
22-3026600
00)

3.
India and Globa Economic Calendar
a al c
Countries / Mon
nday Tuesday Wed
dnesday Thursday
Reg
gions 18
8-Jun 19
9-Jun 20-Jun
2 21-Jun
Ind
dia Consumer Price
r
Index
US NAHB Hou using Housing S
Starts Fed pres
ss Continuuing & Initial
Market Ind
dex (MoM) conferen & FOMC
nce C jobless claims
minutes
Building P
Permits Interest rate Purchas
sing Manageer
(MoM) decision Index Manufacturin
M ng
(Jun)
Housing Price Index
g
(Apr)
Glo
obal Bank of Ja
apan UK's Cons
sumer Price
e Germany producer
y Europe--purchasingg
Monthly Economic Index (Mo
oM) and price ind
dex manage index
ers
Survey (YoY) (Manufaacturing &
Services)
Japan's L
Leading Bank of england UK Reta Sales (Yo
ail oY)
Economic Index
c minutes & UK
unemplooyment rate
e
Germany ZEW
y's Japan's a industry
all
Survey - Economic activity index
Sentimennt
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NOTE CAPITTALS LTD.
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m
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eport is purely for informa ation purpose and is bassed on public information News cont
c n. tent is attribu
utable to
various media, unle specified otherwise. A market related statistic data perta
ess All cal ains to the im
mmediately preceding trad ding day,
unless stated other
s rwise. Neithe the informa
er ation nor any opinion expressed in this report constitutes an off
y s fer, or an invitation to
make an offer, to bbuy or sell the securities m
mentioned he erein. We or any of our directors, offic
cers or emplo
oyees shall not in any
way be responsible for any loss arising from the use of this report. Investors are advised to apply their own judgmen before
e e s m e o nt
acting on the conteents of this re
eport. The rep
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